. >>> between silicon valley's open letter to president obama this week to curb the government surveillance program and media rise of bitcoin is something that buzzfeed's john steinberg says will be big next year. john, good morning. >> good to be here. >> is there a 17-weight thing you need to worry about with -- >> we had a great post. all people on bitcoin, on webo, talking about bitcoin. some of the top comments. it's a trend i missed. in '99, scott mcneilly, at sun, says you have zero privacy, get over it. that was the sentiment in '99 and spoke to the times. i didn't agree with it then. but people are shocked how little privacy we have, and the rise of bitcoin, snapchat, whisper, it's definitely an investable trend. >> what should the policy response be in washington? >> there has to be more transparency, and not only the policy response in washington, what you're seeing in the established companies, the response to washington, they realize now it's a competitive trend they need to seize on, right? yahoo! google, facebook, the next wage of internet competition will be fought on privac